Category: Intuitive Surgical Inc.
Wall Street flees from Intuitive Surgical after the company posts disappointing 1st quarter earnings.
Intuitive Surgical (NSDQ:ISRG) dropped more than 11% today as Wall Street reacted to the surgical systems maker's disappointing 1st-quarter earnings.
Intuitive Surgical sees shares slump in after-hours trading after posting dreary sales and earnings numbers for the 1st quarter of 2014.
Intuitive Surgical (NSDQ:ISRG) said sales dropped nearly 24% during the first 3 months of 2014, missing analysts' estimates and sending shares down 4% in after-hours trading.
The FDA grants 510(k) clearance to Intuitive Surgical's da Vinci Sp single-site robotic surgery platform, sending ISRG shares up on Wall Street.
Intuitive Surgical (NSDQ:ISRG) shares recouped some recent losses today after the medical device company announced 510(k) clearance from the FDA for its da Vinci Sp single-site robot-assisted surgery platform in urological procedures.
Intuitive Surgical's stock drops 10% in after-hours trading after the company projects a 24% decline in revenue and a 59% drop in sales for its da Vinci robot-assisted surgical systems during the 1st quarter.
Intuitive Surgical (NSDQ:ISRG) lost some Wall Street favor last night after posting dim preliminary results for its 1st quarter of 2014.
Twitter enthusiast and urologist Dr. Benjamin Davies comes down hard on Intuitive Surgical's new da Vinci Xi robot-assisted surgical system, saying the company has done hospitals wrong.
Updated April 9, 2014, at 1 p.m. EST with comments from Intuitive Surgical.
Intuitive Surgical's 4th-generation da Vinci Xi system provides new maneuverability that allows surgeons to tackle more complex procedures and surgeries on multiple sites.
Intuitive Surgical says the FDA cleared the da Vinci Xi, its latest surgical robot system, sending shares above $500 today on Wall Street.
Intuitive Surgical (NSDQ:ISRG) shares opened up 11% this morning, after the medical device company said the FDA cleared the latest version of its da Vinci surgical robot, and quickly surged past the $500 mark..